Tag Archives: startup funding in PA

Governor’s 2020-21 Budget Proposes $5 Million Increase for Ben Franklin

HARRISBURG, Pa. (Jan. 24, 2020) — Gov. Tom Wolf today announced that his proposed 2020-21 General Fund budget will include a $5 million increase for the Ben Franklin Technology Development Authority (BFTDA), which funds the statewide Ben Franklin Technology Partners initiative, one of the most widely known and emulated state technology-based economic development programs in…

WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ALL HAVE ONE THING IN COMMON!

You don’t need to be a famous inventor or scientist like Ben Franklin in order to be eligible to enter our $50,000 BIG IDEA Contest.  But, the innovators who win our contests tend to have one thing in common; they see things differently. Ben Franklin Technology Partners, in partnership with the Startup Alleghenies initiative, is…

Penn State Startup, RealForests, Took Home Some Real Cash!

                                         STATE COLLEGE, PA – Have you ever wondered what it would take to run your own startup? Six local entrepreneurial teams led by Raymond Robinson, Catherine Rogers, Sheridan Miyamoto, Brennan Holderman, Joseph Sinclair/Mandy Heard, and…

Win Up To $10,000 Exploring Your Tech Business Idea!

DUBOIS, PA – In the past eight years more than 200 teams have graduated from Ben Franklin’s TechCelerator Startup Boot Camps. These teams turned their ideas, many of which were based on Penn State technology, into successful tech startups. Partnering with Penn State Dubois and the North Central PA Launchbox, Ben Franklin’s TechCelerator @Dubois, is…

WINNERS OF BEN FRANKLIN’S TECHCELERATOR PITCH NIGHT TOOK HOME A TOTAL OF $10,000!

LANCASTER, PA –On Tuesday, November 12, 2019 six local tech-entrepreneurs made pitch presentations to a panel of judges for a chance to win up to $10,000. The audience of more than 70 people who attended also had the opportunity to vote for their favorite pitch. First place ($7,000) as well as the Fan Favorite Vote…

BEN FRANKLIN PORTFOLIO COMPANIES PITCH AT INVENT PENN STATE VENTURE AND IP CONFERENCE!

STATE COLLEGE, PA – At last week’s Invent Penn State Venture and IP Conference, more than a dozen clients in the Ben Franklin Technology Partners’ portfolio had the opportunity to showcase their company’s growth and market potential to a distinguished list of potential investors. The Invent Penn State Venture & IP Conference, which was co-sponsored…

CONGRATULATIONS TO FIVE STARTUPS THAT RECEIVED BEN FRANKLIN FUNDING

STATE COLLEGE, PA – At the September 2019 Board of Director’s meeting the largest early-stage investor in the region, Ben Franklin Technology Partners added five additional startups to its portfolio of funded clients.  Below are brief descriptions of the innovations developed by the companies. Argolytics, LLC, located in State College, developed a web-based software solution,…

YOUR BIG IDEA COULD BE WORTH BIG BUCKS!

DUBOIS, PA – There’s up to $50,000 on the line! You don’t need to be an inventor, scientist, or historic statesmen like Ben Franklin in order to win this year’s BIG IDEA contest.  Ben Franklin Technology Partners is looking for tech entrepreneurs, developers, or small manufacturers who are creating innovative new products, processes, or software…

Ben Franklin Grew Pa.’s Economy by $4.1 Billion, Created 11,407 Jobs from 2012 to 2016: Challenges remain because of state funding shortfalls

STATE COLLEGE, Pa. (Jan. 9, 2019) — With a focus on startups and innovation, Ben Franklin Technology Partners (BFTP) remains a powerful job creation and high-tech economic development engine for Pennsylvania, according to the latest independent economic analysis of the organization. But state funding shortfalls are starting to curtail the partners’ ability to fund companies…

ACOUSTIC TECHNOLOGY DEVELOPED BY PSU ENGINEERING GRADS IS MAKING SOME NOISE IN LOCAL BREWING COMPANY!

STATE COLLEGE, PA – Doesn’t a cold, frosty beer sound good?  Turns out, it actually does! Founded by three Penn State University engineering graduates, TZero Labs www.tzerolabs.com is a sensor technology and data-company that lets brew masters “hear the beer” as it ferments. The team at TZero, two brothers, Stephen and Nick Wells, along with…